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Qouk Commodity trader Trafigura faces $577m loss after uncovering nickel fraud
Upward trend in inflation rate likely to continue stanley cup becher in the short termWith the owala website recent hikes in petroleum prices in the country, year-on-year inflation is expected to rise further in the coming months. It is inevitable that the fuel price increases should have a severe impact on both food and non-food inflation in the Consumer Price Index CPI basket. The March fuel price increase will have a severe impact on spending patterns, even on food, as consumers spend less and move to cheaper alternatives. Additionally, developments in Central Europe will also have a major impact on the prices of some major commodities as both Russia and Ukraine are big exporters of these commodities. This will put pressure on local prices, says Dominic Adu, Chief Executive of First Na stanley france tional Bank Ghana.聽 We anticipate an upward trend in the Consumer Price Index CPI and food inflation in the short term. The fuel price remains the main driver of higher costs going forward, he added.The latest forecast shows that inflation would likely remain above target in the near-term, driven by both external and domestic factors, and only return to the target band in about four quarters ahead.The key risks to the inflation outlook include rising crude oil prices and its transmission to ex-pump petroleum prices and transportation costs, rising global inflation, food price uncertainties, and the fiscal outlook.The Monetary Policy Committee of the Bank of Ghana maintained the policy rate at 14.5 percent in January 202 Wimy Gov t to Launch First Phase of Green Finance Taxonomy; Aims to Accelerate Transition to Climate-Resilient Economy
The Bush administration is courting influential Kurdish factions in Iraq. But across the border in Turkey, it is supporting Turkey subjugation of its large Kurdish population. The United States has just approved the sale of F-16 and F-35 fighter jets to Turkey that are canada stanley to be used for the express purpose of crushing Kurdish militants in the eastern provinces. It has also appointed an envoy with strong business ties to a leading American defense contractor as well as to pro-Turkey American lobbies. The Kurdish problem in Turkey is a longstanding one, stemming from the failed promises of the international community to create a Kurdish state after World War I, and Turkey repression of its 20-percent-strong Kurdish population thereafter. A main party to the conflict has been the Kurdistan Workers Party, or PKK, a notorious guerilla movement once led by the imprisoned Abdullah Ocalan. The 15-year war bet stanley termos ween the PKK and the Turkish government has led to the death of some 40,000 people, with civilians targeted on both sides. Human rights groups have long documented the obliteration of thousands of Kurdish villages by the Turkish military in their war against the Kurds. After Ocalan capture, because of European pressure on Turkey, the PKK leadership declared a unilateral ceasefire with the Turkish government. Ankara rejected the proposal. While isolated at stanley germany tacks by Kurdish militants continue, the Kurdish region has been largely peaceful. Turkey ho